SPDR Gold MiniShares Trust (NYSEARCA:GLDM) Shares Bought by Austin Wealth Management LLC

Austin Wealth Management LLC grew its holdings in shares of SPDR Gold MiniShares Trust (NYSEARCA:GLDM) by 3.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 258,313 shares of the company’s stock after buying an additional 9,625 shares during the quarter. SPDR Gold MiniShares Trust accounts for about 2.9% of Austin Wealth Management LLC’s investment portfolio, making the stock its 8th largest holding. Austin Wealth Management LLC owned about 0.17% of SPDR Gold MiniShares Trust worth $13,827,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in GLDM. Citigroup Inc. boosted its stake in shares of SPDR Gold MiniShares Trust by 5,727,072.7% during the 3rd quarter. Citigroup Inc. now owns 1,889,967 shares of the company’s stock valued at $98,524,000 after buying an additional 1,889,934 shares during the last quarter. Principal Financial Group Inc. purchased a new position in shares of SPDR Gold MiniShares Trust during the 4th quarter valued at approximately $91,357,000. Quadrature Capital Ltd bought a new position in SPDR Gold MiniShares Trust during the third quarter worth $84,714,000. Benjamin Edwards Inc. lifted its stake in SPDR Gold MiniShares Trust by 1,805.0% during the third quarter. Benjamin Edwards Inc. now owns 1,432,715 shares of the company’s stock worth $74,686,000 after purchasing an additional 1,357,506 shares during the last quarter. Finally, State Street Corp lifted its stake in SPDR Gold MiniShares Trust by 43.2% during the third quarter. State Street Corp now owns 3,226,956 shares of the company’s stock worth $168,221,000 after purchasing an additional 973,410 shares during the last quarter.

SPDR Gold MiniShares Trust Stock Performance

Shares of GLDM opened at $57.82 on Wednesday. The business’s fifty day moving average price is $55.57 and its 200 day moving average price is $53.34. SPDR Gold MiniShares Trust has a 12-month low of $42.60 and a 12-month high of $58.47.

SPDR Gold MiniShares Trust Profile

The SPDR Gold MiniShares Trust (GLDM) is an exchange-traded fund that is based on the LBMA Gold Price index. The fund tracks the gold spot price, less expenses and liabilities, using gold bars held in London vaults. GLDM was launched on Jun 25, 2018 and is issued by State Street.